Constellation Brands warns beer sales under pressure as Hispanic consumers cut back

Core Viewpoint - Constellation Brands executives indicated that beer sales may continue to experience volatility and pressure due to economic uncertainty and high unemployment rates among Hispanic consumers, who represent the company's primary customer base [1] Group 1 - Economic uncertainty is impacting consumer behavior, particularly among Hispanic consumers [1] - High unemployment rates in the Hispanic community are contributing to the challenges faced by the company in maintaining beer sales [1]